To be fair he made his own money before riding on Sam's coat tail.
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el Zorro Still in North Korea? He must be having a great time - must have had his laptop confiscated!
Fears of a 'massive' global property price fall amid 'dangerous' conditions and market slow-down
From today's NZ Herald on OECD report. So that is why John Key bailed
have a look at 29 Ripley gardens London. My Son has just sold it. Dropped the price along with the others in the chain so everyone is happy.
Yes, of course it is if you say so, although I'm not too sure why that would make anyone bail. It's just an inevitable thing in asset value cycles, and if it occurs in the near future whoever gets blamed, which should be the bankers, will get blamed whether they are still in their jobs or not.
The person at the top of the chain got a five bedroom house at Richmond that he didn't think he could get. The price is not relevant.
So the chain ended with the sale of the Richmond house - the vendor was not purchasing another house? The price is relevant for the person selling the house as they received a lower sale price and it is relevant for the buyer as the lower price may have meant he could then afford it.
If the person at the end of the chain is a Kiwi who is returning to NZ, then as they had to accept a lower price then they will have less money to bring back to NZ. Plus they will find Brexit has slashed the exchange rate as well!
Brexit uncertainties are forecast to hit London house prices:
https://www.bloomberg.com/news/artic...-chokes-market